01753cas a2200241 a 4500 AALejournalIMF005993 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451809978 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Cyprus : 2009 Article IV Consultation; Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Cyprus. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (49 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This 2009 Article IV Consultation highlights that despite its resilience so far, the economy of Cyprus is slowing down and risks are increasing. The expected slowdown will increase credit risk in banks, which, in some plausible but unlikely extreme scenarios, could have systemic implications given the size and concentration of the banking sector. Executive Directors have endorsed the government's objective to achieve a balanced budget over the medium term. Directors have also recommended the adoption of a medium-term budget framework and more effective management of public sector liabilities. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2009/255 Full text available on IMF http://elibrary.imf.org/view/journals/002/2009/255/002.2009.issue-255-en.xml IMF e-Library